2017-07815: Revisions to the Cost-of-Capital Composite Railroad Criteria
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To better reflect the current marketplace, the Surface Transportation Board (Board) is proposing to update one of the screening criteria used to create the "composite railroad" for the Board's annual cost-of-capital determination. Specifically, the Board proposes that one of its screening criteria now require a company's stock to be listed on either the New York Stock Exchange (NYSE) or the Nasdaq Stock Market (NASDAQ), rather than be listed on either the NYSE or American Stock Exchange (AMEX), as the AMEX is no longer in existence.
The agency’s own summary, as published.
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